Small Caps News
Second round of US Covid loans forgiven at 600 Group
Diversified industrial engineering company the 600 Group announced on Friday that its three United States operations have all been granted forgiveness of their second round loans under the US Government Paycheck Protection Program (PPP), which in total amounted to $2. 2m.
United Oil announces spudding of latest well at Abu Sennan
United Oil & Gas announced the spudding of the Al Jahraa-13 development well in the Abu Sennan licence, onshore Egypt on Friday.
Microsaic adds new capability to its technology platform
Microsaic announced the addition of a new technology capability to its platform on Friday, as part of its transition from equipment-only sales to remote detection and analysis of human diagnostics and environmental health monitoring.
Engage XR signs deal for first 'virtual reality' school
Virtual reality (VR) technology company Engage XR updated the market on the progress of its proprietary software platform ‘Engage’ on Friday, reporting that it signed an initial six-figure dollar contract to August 2023 with Optima Domi.
Horizonte Minerals reports progress in September quarter
Nickel development company Horizonte Minerals updated the market on its operations in the September quarter on Friday, having received credit approval from a syndicate of international financial institutions and two export credit agencies for a senior secured project finance facility of up to $346. 2m to fund the construction and development of Araguaia.
Quantum Blockchain upbeat on latest decision from Venice Court
Quantum Blockchain Technologies updated shareholders on Friday on the latest hearing regarding the legal action started by the plaintiff Sipiem, which was subsequently acquired by Clear Leisure 2017, against Sipiem’s previous board and internal audit committee, held before the Venice Court on 10 November.
PressureTechnologies FY results seen in line with expectations
Critical components and systems designer and manufacturer Pressure Technologies said on Friday that its full-year results were projected to be in line with market expectations.
Powerhouse partner HUI signs framework deal with Linde
Waster plastic-to-hydrogen technology company Powerhouse Energy announced on Friday that its development partner Hydrogen Utopia International (HUI) has signed a framework agreement with Linde Engineering.
Northern Bear trades 'well' in H1 despite supply chain and staffing headwinds
Building services firm Northern Bear said on Friday that it had "traded well" in the first half of its current financial year despite headwinds stemming from supply chain woes and staffing issues.
Creo Medical acquires Aber Electronics for undisclosed sum
Medical device company Creo Medical Group has acquired power amplifier and radio frequency products manufacturer and designer Aber Electronics for an undisclosed, fixed cash consideration, plus a contingent consideration over a three-year period.
Galliford Try 'performing well', confident of meeting FY objectives
Construction firm Galliford Try said on Friday that group operations were "performing well", with margins in line with internal expectations.